B2BX Exchange, a leading professional digital asset trading platform,
announced today that it has received approval for a regulatory licence
from the Estonian Financial Intelligence Unit (FIU). The licence means
that B2BX will be able to operate as a completely regulated exchange for
trading cryptocurrencies and makes it one of the first exchanges in
Europe to secure this form of recognition.

B2BX Exchange, part of the B2Broker group of companies, applied for its
licence in Estonia due to the country’s reputation for being highly
innovative and technology-friendly. Furthermore, the EU-member country
continues to take a leading stance in the advancement of blockchain
technologies and cryptocurrency regulation.

The licence, which comes into effect shortly, will open the door for
B2BX Exchange to provide an extended level of services which currently
includes a crypto-to-crypto service and soon to be crypto-to-fiat, as
well as providing peace of mind for B2BX Exchange users by way of
increased transparency and security due to strict KYC procedure
adherence. Furthermore, under regulation, users will get increased
automatic deposit and withdrawal daily limits and exchange and
withdrawal facilities in fiat currencies via bank transfer and all major
PSP providers.

CEO and Founder of B2Broker group, Arthur Azizov, commented, “We are
delighted to have secured regulatory approval from Estonia, placing B2BX
Exchange in the enviable position of being one of the first exchanges to
achieve this accolade. I have long been a proponent of regulation which
I believe will promote further the adoption of cryptocurrency usage and
cryptocurrency trading. Our users will be able to benefit from an
enhanced level of protection, safe in the knowledge that they are
dealing with a world-leading, regulated cryptocurrency exchange”.

B2BX Exchange, is gaining growing recognition in the industry as a
professional trading platform focusing exclusively on liquid coins with
a constantly increasing level of liquidity. The focus is on transparency
along with high credibility, offering high standards of security and
protection for its users and fully complaint AML procedures.

In addition, B2BX is just one of a limited numbers of exchanges in the
world that support all five major stable tokens including USDt, USDC,
GUSD, PAX and TUSD.

Securing Estonia’s FIU licence paves the way for B2BX Exchange to attain
further licences with recognised jurisdictions and there are plans for
submissions with several established regulators now in progress which
will be announced in due course.

About B2BX

B2BX Exchange is a leading professional digital asset trading platform
which provides simple access to institutional level liquidity. It is a
full-featured spot trading platform which allows users to trade major
digital assets and cryptocurrencies,
including Bitcoin,
Ethereum,
NEM, Litecoin,
Ripple, NEO, Monero,
NEM and Dash.

B2BX is part of the B2Broker
group, a liquidity and technology provider of solutions for the crypto
and foreign exchange (FX) industry.